Foreign funding in local startups is now subject to an ‘owner tax’
credit score: 123RF.com Indian startups that increase capital from international traders corresponding to Sequoia Capital, SoftBank, Prosus, Tiger International, Carlyle, KKR and Blackstone will now must pay an ‘proprietor tax’, a transfer that won’t solely negatively have an effect on financing but in addition Extra startups to find overseas. Saying the federation’s funds on Tuesday, … Read more